Texas awards $4 million to algae research project at Texas A&M

February 5, 2008

The Texas Emerging Technology Fund (ETF) awarded $4 million Texas A&M’s Texas AgriLife Research unit, and General Atomics, for research into algae based biofuels to support domestic and military fuel needs. The project will include the development of algae strains and methods for algae production.

Algae-based research and development continues to pick up in pace, even though the US Defense Department is estimating that the current production cost of algae oil exceeds $20 per gallon. Recent developments include:

  • Beacon Energy to acquire 12 Mgy biodiesel plant in Texas from Smithfield BioEnergy
  • In Texas, Beacon Energy will purchase the operating assets of Smithfield BioEnergy, including a 12 Mgy biodiesel plant in Cleburne. Beacon will finance the transaction via a private equity placement. ...
  • National Algae Association rapidly expanding; October conference moves to larger Texas venue
  • In Texas, all signs are pointing to a massive expansion of the National Algae Association. The organization's third conference, to be held in The Woodlands, TX on October 23-24, has been moved to The ...
  • National Algae Association to convene networking forum in Texas on July 17
  • In Texas, the National Algae Association will hold a July 17th forum for networking, research and to present business plans. Algae oil production companies, algae researchers and algaeprenuers will pr...
  • Texas A&M group develops biodiesel micro-reactor, reduces cycle time, investment cost up to 80 percent,
  • In Texas, researchers at Texas A&M have adapted a process used in West Virginia to turn the state's lignite reserves into crude oil. The researchers say that the micro-reactors they have developed...
  • Direct Fuels opens 10 Mgy biodiesel plant in Texas
  • In Texas, Direct Fuels has opened a 10 Mgy biodiesel plant in Euless, alongside its oil refinery operations. The plant opening follows on from the opening of the company's ethanol distribution complex...
  • EPA extends ethanol waiver zone to Texas in wake of Hurricane Gustav
  • The EPA extended its ethanol waiver, ordered on Friday for parts of Louisiana, to Texas. Last month, Texas governor Rick Perry was refused a roll-back of biofuels mandates by the EPA, which said that ...

    Comments

    Got something to say?

    You must be logged in to post a comment.